Monmouth Junction, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 147 transactions over the past year in Monmouth Junction. The median value for residential home transactions that occurred over the previous year is $568,936.11. The number of current listings in Monmouth Junction is 19, and the percentage of properties for sale in the city is 19.00%. Monmouth Junction, NJ currently has 26 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 19 properties for sale.

Monmouth Junction, NJ Real Estate Market Overview

ZipMedian Est. Value
08852

$ 558,700

$ 303/sqft

Housing Market Summary for Monmouth Junction, NJ

Apr 2023March 2024Change
Median Listing Price$419.9K$514.9K22.62%
Median Sold Price$453.5K$514.9K13.54%
Homes For Sale91677.78%
Homes Sold77792.60%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Monmouth Junction, NJ

Monmouth Junction home values range from $177,000 to $1,014,000. The median estimated value of a home in Monmouth Junction is $568,936.11. The median list price of a home is 599,900, and the total count of properties in the city is 4,720.

Foreclosure
There is 1 zips within Monmouth Junction, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $996,700 in 08852 to the lowest value of $216,600 in 08852. Foreclosure homes account for 0.00% of properties in Monmouth Junction, NJ with 08852 containing 26 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.53% of all residential properties in Monmouth Junction, NJ with 08852 containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Monmouth Junction, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $996,700 in 08852 to the lowest home value of $216,600 in 08852.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Monmouth Junction, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Monmouth Junction, NJ. There is 1 zips within Monmouth Junction, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    08852 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Monmouth Junction, NJ. Auction homes and other auction properties account for 0.02% of all properties in Monmouth Junction, NJ. There is 1 zips within Monmouth Junction, NJ; of that zips, the median estimated home value for homes going to auction ranges from $315,800 in 08852 to the lowest value of $315,800 in 08852.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.40% of residential properties in Monmouth Junction, NJ with 08852 containing 19 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Monmouth Junction, NJ; homes for sale in that zips, have a range of median values from $897,600 in 08852 to the lowest value of $307,300 in 08852.
    Sold Homes
    The median value for recently sold homes ranges from $1,003,000 in 08852 to the lowest price of $230,900 in 08852. There is 1 zips within Monmouth Junction, NJ. 08852 has 84 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.76% of properties in Monmouth Junction, NJ.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Monmouth Junction, NJ
      $
      $

      Guide for Monmouth Junction, NJ

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes Monmouth Junction, NJ

      No data to show